Common use of Acceleration of Debt Clause in Contracts

Acceleration of Debt. If any payment obligation under this Note is not paid when due, the remaining unpaid principal balance and any accrued interest shall become due immediately at the option of the Lender.

Appears in 35 contracts

Samples: Loan Agreement (Traqer Corp), Bridge Loan Agreement (Anutra Corp), Loan Agreement (Traqer Corp)

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Acceleration of Debt. If any payment obligation under this Note is not paid when due, the remaining unpaid principal balance and any accrued interest shall become due immediately at the option of the Lender.. ·

Appears in 2 contracts

Samples: Loan Agreement (Bright Mountain Holdings, Inc./Fl), Loan Agreement (Bright Mountain Holdings, Inc./Fl)

Acceleration of Debt. If any payment obligation under this Note is not paid when due, the remaining unpaid principal balance and any accrued interest shall become due immediately at the option of the Lender.

Appears in 2 contracts

Samples: Promissory Note Due, Loan Agreement

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Acceleration of Debt. If any payment obligation under this Note agreement is not paid when due, the remaining remainder unpaid principal balance and any accrued interest shall become due immediately at the option of the Lender.

Appears in 2 contracts

Samples: www.dvusd.org, www.dvusd.org

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